P lends ₹5000 to Q and at the same time a certain sum to S at the rate of 10% per annum simple interest. If the simple interest is collected ₹3300 after 3 years from Q and S then find the sum lent to S ?
Answer & explanation
Correct answer: option 4
SI collected from Q + S = 3300
S x 10% x 3 + 5000 x 10% x 3 = 3300
S x 30% = 1800
S = 6000